Quote by Milton Friedman
Inflation is the one form of taxation that can be imposed without

Inflation is the one form of taxation that can be imposed without legislation. – Milton Friedman

Other quotes by Milton Friedman

Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence. – Milton Friedman

Category:
Freedom
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The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didnt construct his theory under order from a, from a bureaucrat. Henry Ford didnt revolutionize the automobile industry that way. – Milton Friedman

Category:
Government
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The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. – Milton Friedman

Category:
Government
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Other Quotes from
Inflation
category

Someone said that inflation is like jumping off the top of the Empire State Building. The sensation is great as long as you keep on going. – David H. Scott

Category:
Inflation

Imagine believing in the control of inflation by curbing the money supply! That is like deciding to stop your dog fouling the sidewalk by plugging up its rear end. It is highly unlikely to succeed, but if it does it kills the hound. – Michael D. Stephens

Category:
Inflation

The whole recorded history of man is strewn with the wreckage of the great civilizations which have crumbled under price controls; and in forty centuries of human experience, there has never been – Irving S. Olds

Category:
Inflation

Nowadays, a penny saved is ridiculous! – Shelby Friedman

Category:
Inflation

Random Quotes

I have nothing to say, I am saying it, and that is poetry. – John Cage

Category:
Poetry

Improvement begins with I. – Arnold Glasow

Category:
Helping

Leave everything. Leave Dada. Leave your wife. Leave your mistress. Leave your hopes and fears. Leave your children in the woods. Leave the substance for the shadow. Leave your easy life, leave what you are given for the future. Set off on the roads. – Andre Breton

What mankind wants is not talent; it is purpose. – Edward George Bulwer-Lytton

Category:
Purpose